TERMS OF SUBSCRIPTION. 3.1 Subject to Section 3.2 hereof, the subscription period will begin as of the date of the Offering Circular and will terminate at 11:59 PM Eastern Time, on the earlier of the date on which the Maximum Offering is sold or one (1) year from the commencement date or the date the Offering is terminated by the Issuer (the “Termination Date”).
TERMS OF SUBSCRIPTION. 4.1 Pending acceptance of this subscription by the Company, all funds paid hereunder shall be deposited by the Company and immediately available to the Company for its general corporate purposes.
TERMS OF SUBSCRIPTION. 3.1 The minimum purchase that may be made by any prospective investor shall be $50,000 in principal amount of Notes (the “Minimum Investment Amount”). Subscriptions for investment below the Minimum Investment Amount may be accepted at the sole discretion of the Company. The Company reserves the right to accept or reject any subscription made hereby, in whole or in part, in its sole discretion. The Company’s agreement with each Subscriber is a separate agreement and the sale of the Securities to each Subscriber is a separate sale.
TERMS OF SUBSCRIPTION. 5.1 Pending acceptance of this subscription by the Company, all funds paid hereunder shall be deposited by the Company and immediately available to the Company for the purposes set forth in the disclosure statement. In the event the subscription is not accepted, the subscription funds will constitute a non-interest bearing demand loan of the Subscriber to the Company.
TERMS OF SUBSCRIPTION. 3.1 All funds shall be submitted directly to the Company’s account identified in Section 1.1 hereof.
TERMS OF SUBSCRIPTION. 3.1 All funds paid hereunder shall be deposited with the Company in the account identified in Section 1.1 hereof.
TERMS OF SUBSCRIPTION. 4.1 Subject to Section 4.2 hereof, the subscription period will begin as of the date of the PPM and will terminate at 11:59 PM Eastern Time, on the earlier of the date on which the Maximum Offering is sold or the Offering is terminated by the Company (the “Termination Date”). The minimum subscription amount is $100,000, although the Company may, in its discretion, accept subscriptions for less than $100,000.
TERMS OF SUBSCRIPTION. 2.1 The Subscriber hereby authorizes and directs the Company to deliver the securities to be issued to such Subscriber pursuant to this Subscription Agreement to the residential or business address indicated in the Confidential Investor Questionnaire included herein.
TERMS OF SUBSCRIPTION. 3.1 The subscription period will begin as of April 14, 1999 and will terminate at 11:59 PM Eastern time on April 30, 1999, unless extended by the Company and the Placement Agent for up to an additional 30 days (the "Termination Date"). Such extension may be effected without notice to the Subscribers. Of the Unitx, 00 xxxl be offered on a "best efforts-all or none" basis and the remaining Units will be offered on a "best efforts" basis as more particularly set forth in the Term Sheet.
TERMS OF SUBSCRIPTION. 3.1 There is no requirement that any minimum number of Shares be sold and therefore no escrow will be established for subscription funds. Subscription funds may be deposited by the Company directly into its operating account for use as described in this Confidential Offering Memorandum.
